David W. Grzebinski, the Chief Executive Officer of Kirby Corp, recently sold 18,310 shares of common stock on November 2, 2026. This transaction is significant as it highlights the ongoing management of his personal stock holdings.
Kirby Corp, which operates in the water transportation sector, is a well-known entity in the industry. The company is incorporated in Nevada and has a fiscal year that ends on December 31. Its business address is located at 55 Waugh Drive, Suite 1000, Houston, Texas.
According to the filing, Grzebinski's sale of shares was executed at a weighted average price of $141.32, with sales prices ranging from $140.12 to $143.05 per share. Following this transaction, he retains ownership of 79,931 shares of Kirby Corp common stock. The filing states, "The reported price is the weighted average sales price. The sales were at prices ranging from $140.12 to $143.05 per share." This indicates a strategic decision regarding his investment in the company.
This transaction may impact various stakeholders, including investors and employees of Kirby Corp, as it reflects the CEO's confidence and management of his investment portfolio. The water transportation industry, represented by Kirby Corp, may also experience shifts as leadership decisions and stock transactions unfold.
The filing does not say what happens next.
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